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NMI Holdings

82 hedge funds and large institutions have $374M invested in NMI Holdings in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 25

4% less funds holding

Funds holding: 8582 (-3)

18% less capital invested

Capital invested by funds: $456M → $374M (-$82.5M)

20% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 15

22% less funds holding in top 10

Funds holding in top 10: 97 (-2)

Holders
82
Holders Change
-3
Holders Change %
-3.53%
% of All Funds
2.19%
Holding in Top 10
7
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-22.22%
% of All Funds
0.19%
New
12
Increased
29
Reduced
25
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCP
26
Clough Capital Partners
Massachusetts
$2.92M -$256K -32,700 -8%
BHCM
27
Brevan Howard Capital Management
Jersey
$2.27M +$2.37M +303,367 New
Geode Capital Management
28
Geode Capital Management
Massachusetts
$1.63M +$596K +76,210 +54%
Renaissance Technologies
29
Renaissance Technologies
New York
$1.62M +$1.69M +215,778 New
TCIM
30
TIAA CREF Investment Management
New York
$1.59M -$35K -4,475 -2%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$1.44M
Millennium Management
32
Millennium Management
New York
$1.38M -$370K -47,276 -20%
JP Morgan Chase
33
JP Morgan Chase
New York
$1.36M +$222K +28,431 +19%
BIM
34
BlackRock Investment Management
Delaware
$1.27M +$15.6K +1,999 +1%
NFA
35
Nationwide Fund Advisors
Ohio
$1.17M +$27.5K +3,510 +2%
PIM
36
PCO Investment Management
California
$1.07M +$85K +10,874 +8%
Charles Schwab
37
Charles Schwab
California
$816K +$32.7K +4,176 +4%
MC
38
Menta Capital
California
$809K +$844K +107,946 New
BTS
39
BB&T Securities
Virginia
$752K
DCM
40
Dialectic Capital Management
Connecticut
$749K -$196K -25,000 -20%
GMCM
41
Gruber & McBaine Capital Management
California
$749K +$391K +50,000 +100%
Two Sigma Investments
42
Two Sigma Investments
New York
$744K +$172K +22,012 +28%
California State Teachers Retirement System (CalSTRS)
43
California State Teachers Retirement System (CalSTRS)
California
$691K -$12.5K -1,600 -2%
QOP
44
Quinn Opportunity Partners
Virginia
$670K
TA
45
Teachers Advisors
New York
$535K
RhumbLine Advisers
46
RhumbLine Advisers
Massachusetts
$491K +$30K +3,840 +6%
AllianceBernstein
47
AllianceBernstein
Tennessee
$389K -$10.2K -1,300 -2%
PCM
48
Pentwater Capital Management
Florida
$375K
Deutsche Bank
49
Deutsche Bank
Germany
$310K +$246K +31,458 +309%
Goldman Sachs
50
Goldman Sachs
New York
$300K -$328K -41,984 -51%

NMIH Hedge Fund Activity: Q1 2015 in Review

82 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in NMI Holdings (NMIH) for Q1 2015, worth a combined $374M — down 18% from $456M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of NMIH and 12 opened new positions — a net loss of 3 holders — while 25 trimmed existing stakes and 29 added.

The largest buyer was Oaktree Capital Management, adding an estimated $8.04M. The largest seller was Ardsley Advisory Partners, exiting entirely with an estimated $7.9M sold.

  • 82 institutional investors held NMI Holdings (NMIH) as of Q1 2015, down from 85 in Q4 2014.
  • Funds reported $374M of NMI Holdings stock for Q1 2015, down 18% quarter-over-quarter.
  • 12 funds opened new NMI Holdings positions in Q1 2015 and 15 closed out, a net change of -3 holders.
  • The largest NMI Holdings buyer in Q1 2015 was Oaktree Capital Management, an estimated $8.04M added.
  • The largest NMI Holdings seller in Q1 2015 was Ardsley Advisory Partners, an estimated $7.9M sold.

Based on aggregated 13F filings for Q1 2015.